October 21, 2004 3:04 PM PDT

Intel kills TV chip plans

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Earlier this year, Intel delayed its chip for large-screen televisions. Now the Santa Clara, Calif.-based company is killing it.

Intel has stopped work on its liquid crystal on silicon semiconductor, stating that the cost of research and development necessary to produce the product wouldn't be worth the potential revenue.

"It is a return-on-investment issue," Intel spokeswoman Shannon Love said.

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